Occupancy surpasses 90% for the first time since 2019
Rob Covino presents Mirus Industry Analysis (MIA), a series of monthly insights into the key performance indicators and cumulative industry trends from the 90,000+ beds we monitor for financial sustainability.
Welcome to the February 2025 edition.
Revenue
In January, the industry ADS declined by -0.26 cents to $297.18. Total claiming activity saw a notable decline of -2.55% to 4.32%, likely due to workforce resourcing factors, as AMOs balanced leave requests among their teams over the school holiday period.
Occupancy
Occupied bed days reached a significant milestone, rising to 90.17% in January - the first time occupancy has exceeded 90% since December 2019.
Workforce management
Total direct care minutes worked declined by -3.12% to 208.24 minutes, falling well below the desired 215-minute national average. RN minutes also decreased by -1.86% from December to January, reaching 43.50 minutes per resident per day.
About Mirus Industry Analysis (MIA)
With one of the largest aged care databases in Australia, each month we bring you MIA – a monthly wrap up of insights captured from data covering 90,000+ beds.
Please note: This video uses AI-powered technologies, including an AI-generated presenter to replicate a real person’s image and/or voice, to deliver industry analysis. Some or all of the visuals and voice in this presentation may be computer-generated.
